Nov 26 (Reuters) - Evolution Mining Ltd EVN.AX :
* EVOLUTION TO ACQUIRE RED LAKE GOLD COMPLEX IN CANADA
* UNIT ENTERED INTO AN AGREEMENT WITH NEWMONT GOLDCORP CORPORATION TO ACQUIRE 100% OF RED LAKE GOLD COMPLEX
* COMMITTED TO INVEST US$100 MILLION ON EXISTING OPERATIONS & ADDITIONAL US$50 MILLION IN EXPLORATION AT RED LAKE OVER FIRST 3-YEAR PERIOD
* IN CY2019, RED LAKE IS FORECAST TO PRODUCE 150,000 - 160,000 OUNCES OF GOLD